MONERO - XMR/USD
MONERO - XMR/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: XMRUSD
ISIN:

MONERO - XMR/USD - 1H - Technical analysis published on 09/26/2022 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 143.10 USD
My targets
139.65 USD (-0.99%)
138.00 USD (-2.16%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on MONERO - XMR/USD as long as the price remains well below 143.10 USD. The sellers' bearish objective is set at 139.65 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 138.00 USD. In case of crossing, the next objective would be the support located at 135.19 USD.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The MONERO - XMR/USD price is 141.04 USD. The price registered a decrease of -0.15% on the session and was traded between 139.67 USD and 141.79 USD over the period. The price is currently at +0.98% from its lowest and -0.53% from its highest.

139.67
141.79
141.04

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of MONERO - XMR/USD indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour


Near horizontal support

Type : Bullish

Timeframe : 1 hour



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

White gravestone / inverted hammer

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 135.19 138.00 139.65 141.04 141.21 143.10 146.23
Change (%) -4.15% -2.16% -0.99% - +0.12% +1.46% +3.68%
Change -5.85 -3.04 -1.39 - +0.17 +2.06 +5.19
Level Intermediate Intermediate Intermediate - Minor Major Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard134.64137.34139.29141.99143.94146.64148.59
Camarilla139.97140.40140.82141.25141.68142.10142.53
Woodie134.28137.15138.93141.80143.58146.45148.23
Fibonacci137.34139.11140.21141.99143.76144.86146.64


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard119.74127.04134.41141.71149.08156.38163.75
Camarilla137.74139.08140.43141.77143.12144.46145.80
Woodie119.77127.06134.44141.73149.11156.40163.78
Fibonacci127.04132.65136.11141.71147.32150.78156.38


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard102.94122.05135.64154.75168.34187.45201.04
Camarilla140.23143.23146.22149.22152.22155.22158.21
Woodie100.17120.67132.87153.37165.57186.07198.27
Fibonacci122.05134.55142.26154.75167.25174.96187.45

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 47.16
MACD (12,26,9): -0.4300
Directional Movement: -18.69
AROON (14): -92.86
DEMA (21): 141.21
Parabolic SAR (0,02-0,02-0,2): 141.79
Elder Ray (13): -0.15
Super Trend (3,10): 143.37
Zig ZAG (10): 141.50
VORTEX (21): 0.9000
Stochastique (14,3,5): 34.81
TEMA (21): 140.78
Williams %R (14): -43.31
Chande Momentum Oscillator (20): -0.46
Repulse (5,40,3): 0.5200
ROCnROLL: -1
TRIX (15,9): -0.0400
Courbe Coppock: 2.66
MA7: 141.18
MA20: 147.55
MA50: 152.69
MA100: 144.66
MAexp7: 141.14
MAexp20: 141.70
MAexp50: 141.95
MAexp100: 141.96
Price / MA7: -0.10%
Price / MA20: -4.41%
Price / MA50: -7.63%
Price / MA100: -2.50%
Price / MAexp7: -0.07%
Price / MAexp20: -0.47%
Price / MAexp50: -0.64%
Price / MAexp100: -0.65%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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